YOUNG HARRIS COLLEGE: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- YOUNG HARRIS COLLEGE (EIN 58-0593414)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-14
- IRS object ID
- 201301349349303905
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-14T12:54:14-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 581729751 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Metcalf Davis CPAs | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3340 Peachtree Road NE Suite 2600 | AddressLine1 |
| City | Atlanta | City |
| State | GA | State |
| ZIP Code | 303261089 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 580593414 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Young Harris College | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | YOUN | NameControl |
| Phone | 7063793111 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 68 | AddressLine1 |
| City | Young Harris | City |
| State | GA | State |
| ZIP Code | 30582 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Wade M Benson | Name |
| Title | Vice President for Business | Title |
| Phone | 7063793111 | Phone |
| Date Signed | 2013-05-13 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | E Wayne Williams Jr | Name |
| PTIN | P00294425 | PTIN |
| Phone | 4042641700 | Phone |
| Date Prepared | 2013-05-13 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | L Cathy Cox | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 68 | AddressLine1 |
| City | Young Harris | City |
| State | GA | State |
| ZIP Code | 30582 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 60960952 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.yhc.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1886 | YearFormation |
| State Legal Domicile | GA | StateLegalDomicile |
| Activity Or Mission Description | Young Harris College educates, inspires, and empowers students through a comprehensive liberal arts experience that integrates mind, body, and spirit. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 43 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 35 | NbrIndependentVotingMembers |
| Total Nbr Employees | 673 | TotalNbrEmployees |
| Total Nbr Volunteers | 42 | TotalNbrVolunteers |
| Total Gross UBI | -21532 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -21532 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 27516717 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 7798095 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 21740518 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 25536121 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 5310420 | InvestmentIncomePriorYear |
| Investment Income Current Year | 4452430 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -28190 | OtherRevenuePriorYear |
| Other Revenue Current Year | -21426 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 54539465 | TotalRevenuePriorYear |
| Total Revenue Current Year | 37765220 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 9090164 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 11503225 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 12562636 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 12683656 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 156972 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 170504 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1973173 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 13452982 | OtherExpensePriorYear |
| Other Expenses Current Year | 14057867 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 35262754 | TotalExpensesPriorYear |
| Total Expenses Current Year | 38415252 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 19276711 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -650032 | RevenuesLessExpensesCY |
| Total Assets BOY | 189936470 | TotalAssetsBOY |
| Total Assets EOY | 186802154 | TotalAssetsEOY |
| Total Liabilities BOY | 46102453 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 50759142 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 143834017 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 136043012 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | Young Harris College educates, inspires, and empowers students through a comprehensive liberal arts experience that integrates mind, body, and spirit. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 7525911 | Expense |
| Revenue | 18939625 | Revenue |
| Description | Instructional: Funds expended to educate students through comprehensive liberal arts bachelor's degree and associate's degree programs delivered through innovative academic instruction. Enrollment in 2011-2012 was comprised of approximately 939 students. Academic offerings include Allied Health, Art, Astronomy, Biology, Business and Public Policy, Chemistry, Communications Studies, Economics, Education, English, Foreign Language, History, Journalism, Liberal Arts, Mathematics, Music, Musical Theatre, Outdoor Education, Philosophy, Physics, Political Science, Psychology, Religious Studies, Science, Sociology, and Theatre. Young Harris College converted to a four-year institution from a two-year institution in 2008. In May of 2012, 98 students earned their bachelor's degree. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2708058 | Expense |
| Description | Academic Support: Funds expended to provide faculty administration and support, faculty development opportunities, curriculum enrichment and library, technology, and research and planning services. These expenditures are integral to the operation and support of quality academic programs and the retention and empowerment of excellent faculty. Curriculum and program development expenses are recorded in this category. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 11503225 | Expense |
| Grants | 11503225 | Grants |
| Description | Student Financial Assistance: The College is committed to recruiting qualified students and helping secure the necessary and appropriate resources to meet the cost of an excellent education. The comprehensive student financial assistance program includes scholarships, grants, loans, and part-time campus employment. 99.8% of the students enrolled during 2011-2012 received some form of financial assistance. The College has committed additional resources to meeting the needs of the students in response to increased occurences of financial need during this year. | Description |
Activity Other ActivityOther (2 entries)
| ExpenseExpense | RevenueRevenue | DescriptionDescription |
|---|---|---|
| 5540744 | 274716 | Student Services: Funds expended for innovative programs and services for students culturally, athletically, and spiritually. The College strives to recruit and retain excellent students and empower them to reach their full potential. These expenditures provide support for extra-curricular activities and student related services at the College which are essential to the students' well being and contribute to the quality of life outside the formal academic programs. This also includes expenditures for student involvement in projects that impact the local community. |
| 5456253 | 6321780 | Auxiliary Services: Funds expended for meal services and the operation, repair and maintenance of the College's residence halls and dining facility. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 10996997 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 6596496 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 32734191 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 1 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 82 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 673 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 43 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 35 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 0 | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | GA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Wade M Benson CPA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7063793111 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 College Street | AddressLine1 |
| City | Young Harris | City |
| State | GA | State |
| ZIP Code | 305820068 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (46 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| L Cathy Cox | |||||||
| President/Ex Officio Trust | 40.00 | X | X | 208309 | 0 | 30343 | |
| Jerry W Nix | |||||||
| Board Chair / Executive Co | 1.00 | X | X | 0 | 0 | 0 | |
| Douglas B Mitchell | |||||||
| Vice Chair / Academic Affa | 1.00 | X | X | 0 | 0 | 0 | |
| James T Johnston Jr | |||||||
| Secretary / Athletics Comm | 1.00 | X | X | 0 | 0 | 0 | |
| Julie D Salisbury | |||||||
| Marketing Committee Chair | 1.00 | X | 0 | 0 | 0 | ||
| Jonathan F Anderson | |||||||
| Properties Chair | 1.00 | X | 0 | 0 | 0 | ||
| M Brantley Barrow | |||||||
| Finance Chair | 1.00 | X | 0 | 0 | 0 | ||
| Clair W Frazier | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Dr Don A Harp Jr | |||||||
| Goveranace and Comp Chair | 1.00 | X | 14400 | 0 | 0 | ||
| Wyck A Knox Jr | |||||||
| Endowment Chair | 1.00 | X | 0 | 0 | 0 | ||
| Pamela Rollins | |||||||
| Development Chair | 1.00 | X | 0 | 0 | 0 | ||
| Paul D Beckham | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Alleen D Bratton | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Margaret R Buker | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Richard J Burrell | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| The Hon Earl L Carter | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Dr James R Ellison | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Alvin Gibson | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Rev David T Haygood Sr | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Robert L Head | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Dr William Harry Hill | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Henry M Huckaby | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Gerald W Hudgins | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Ray P Lambert Jr | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| The Hon T Bert Lance | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Rubye M Lucas | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Richard W McGinnis | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| The Hon Murphy Miller | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| The Hon Zell B Miller | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Kurt T Momand | |||||||
| Student Affairs Chair | 1.00 | X | 0 | 0 | 0 | ||
| Dr Robert V Ozment | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| David A Pattillo | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| William F Roberts | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Jimmy C Tallent | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Jones Webb | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Michele T White | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| The Hon Charles S Wynne | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Rene M Diaz | |||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Rev Cindy Autry | |||||||
| Ex-Officio Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Emalyn Cork | |||||||
| Ex-Officio Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Rev Richard Chewning | |||||||
| Ex-Officio Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Bishop B Michael Watson | |||||||
| Ex-Officio Trustee | 0.50 | X | 0 | 0 | 0 | ||
| Rufus L Brown | |||||||
| Ex-Officio Trustee | 0.50 | X | 0 | 0 | 0 | ||
| David Leopard | |||||||
| Senior VP for Finance and | 40.00 | X | 84299 | 0 | 10290 | ||
| Jay T Stroman | |||||||
| VP for Institutional Advan | 40.00 | 153222 | 0 | 18927 | X | ||
| Wade M Benson | |||||||
| VP for Business | 40.00 | 109757 | 0 | 18621 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 569987 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 78181 | TotalOtherCompensation |
| Number Individuals GT100 K | 3 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Hardin Construction Company LLC | |||||
| 3301 Windy Ridge Parkway Ste 400 | Atlanta | GA | 303395618 | General Contractor | 5680875 |
| Sodexo Inc | |||||
| PO Box 536922 | Atlanta | GA | 30353 | Food Service Vendor | 2807078 |
| Brailsford & Dunlavey | |||||
| 1140 Connecticut Avenue NW Suite 4 | Washington | DC | 20036 | Facility Planners | 356390 |
| Lipman Hearne | |||||
| PO Box 88634 Dept A | Chicago | IL | 60680 | Advertising Consultants | 330505 |
| William H Stewart | |||||
| 712 Bear Run Road | Hiawassee | GA | 30546 | Painting Contractor | 129477 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 7 | NumberOfContractorsGT100K |
| Fundraising Events | 66000 | FundraisingEvents |
| Government Grants | 75333 | GovernmentGrants |
| All Other Contributions | 7656762 | AllOtherContributions |
| Noncash Contributions | 518347 | NoncashContributions |
| Total Contributions | 7798095 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Tuition & fees | 611710 | 18939625 | 18939625 |
| Auxiliary services | 611710 | 6321780 | 6321780 |
| Student Support | 611710 | 274716 | 274716 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 25536121 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2967482 | TotalRevenueColumn |
| Exclusion | $2,967,482 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 24662923 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 23177975 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1484948 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1484948 | TotalRevenueColumn |
| Exclusion | $1,484,948 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 17863 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 66000 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 17757 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 106 | TotalRevenueColumn |
| Exclusion | $106 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|
| Income (loss) from par | 523000 | 1846 | 1846 |
| Income (loss) from rec | 713940 | -23378 | -23378 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | -21532 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 37765220 | TotalRevenueColumn |
| Related Or Exempt Function Income | 25536121 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -21532 | UnrelatedBusinessRevenue |
| Exclusion | $4,452,536 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11503225 | Total |
| Program Services | 11503225 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 375306 | Total |
| Management And General | 375306 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9705383 | Total |
| Program Services | 8597871 | ProgramServices |
| Management And General | 490025 | ManagementAndGeneral |
| Fundraising | 617487 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 590410 | Total |
| Program Services | 499016 | ProgramServices |
| Management And General | 55045 | ManagementAndGeneral |
| Fundraising | 36349 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1310740 | Total |
| Program Services | 1126371 | ProgramServices |
| Management And General | 96491 | ManagementAndGeneral |
| Fundraising | 87878 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 701817 | Total |
| Program Services | 595759 | ProgramServices |
| Management And General | 64473 | ManagementAndGeneral |
| Fundraising | 41585 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 82033 | Total |
| Management And General | 82033 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 68957 | Total |
| Management And General | 68957 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 170504 | Total |
| Fundraising | 170504 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 185677 | Total |
| Management And General | 185677 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 409638 | Total |
| Program Services | 241697 | ProgramServices |
| Management And General | 164777 | ManagementAndGeneral |
| Fundraising | 3164 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 290674 | Total |
| Program Services | 151811 | ProgramServices |
| Management And General | 10189 | ManagementAndGeneral |
| Fundraising | 128674 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2825416 | Total |
| Program Services | 2655535 | ProgramServices |
| Management And General | 133675 | ManagementAndGeneral |
| Fundraising | 36206 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1515418 | Total |
| Program Services | 1492614 | ProgramServices |
| Management And General | 9783 | ManagementAndGeneral |
| Fundraising | 13021 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 583625 | Total |
| Program Services | 486270 | ProgramServices |
| Management And General | 29374 | ManagementAndGeneral |
| Fundraising | 67981 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1487925 | Total |
| Management And General | 1487925 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3183098 | Total |
| Program Services | 3085850 | ProgramServices |
| Management And General | 79204 | ManagementAndGeneral |
| Fundraising | 18044 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 314317 | Total |
| Program Services | 109557 | ProgramServices |
| Management And General | 204760 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Student meals | 1335776 | 1311939 | 15222 | 8615 |
| Recruiting | 759622 | 187061 | 84601 | 487960 |
| Promotions | 623830 | 428109 | 0 | 195721 |
| Other expenses | 243260 | 171509 | 35994 | 35757 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 148601 | Total |
| Program Services | 89997 | ProgramServices |
| Management And General | 34377 | ManagementAndGeneral |
| Fundraising | 24227 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38415252 | Total |
| Program Services | 32734191 | ProgramServices |
| Management And General | 3707888 | ManagementAndGeneral |
| Fundraising | 1973173 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2680969 | BOY |
| EOY | 2480834 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20602249 | BOY |
| EOY | 18343601 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30086 | BOY |
| EOY | 25383 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 713807 | BOY |
| EOY | 789754 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 472630 | BOY |
| EOY | 497022 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 94991710 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 35303716 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 55430803 | BOY |
| EOY | 59687994 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41406366 | BOY |
| EOY | 39411211 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 64143885 | BOY |
| EOY | 61269978 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4455675 | BOY |
| EOY | 4296377 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 189936470 | BOY |
| EOY | 186802154 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2394485 | BOY |
| EOY | 2941703 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42773755 | BOY |
| EOY | 46775988 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 934213 | BOY |
| EOY | 1041451 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 46102453 | BOY |
| EOY | 50759142 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 45103340 | BOY |
| EOY | 37116828 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28840623 | BOY |
| EOY | 31502979 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 69890054 | BOY |
| EOY | 67423205 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 143834017 | BOY |
| EOY | 136043012 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 189936470 | BOY |
| EOY | 186802154 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -650032 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -7140973 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 48772461 | BeginningOfYearBalance |
| Contributions | 797380 | Contributions |
| Investment Earnings Or Losses | -1752224 | InvestmentEarningsOrLosses |
| Other Expenditures | 5243656 | OtherExpenditures |
| End Of Year Balance | 42573961 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 43385308 | BeginningOfYearBalance |
| Contributions | 1476550 | Contributions |
| Investment Earnings Or Losses | 11693503 | InvestmentEarningsOrLosses |
| Other Expenditures | 7782900 | OtherExpenditures |
| End Of Year Balance | 48772461 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 42118360 | BeginningOfYearBalance |
| Contributions | 515138 | Contributions |
| Investment Earnings Or Losses | 7831147 | InvestmentEarningsOrLosses |
| Other Expenditures | 7079337 | OtherExpenditures |
| End Of Year Balance | 43385308 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 52860734 | BeginningOfYearBalance |
| Contributions | 1760549 | Contributions |
| Investment Earnings Or Losses | -6688336 | InvestmentEarningsOrLosses |
| Other Expenditures | 5814587 | OtherExpenditures |
| End Of Year Balance | 42118360 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.47070 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.48480 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.04450 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 1 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3171789 | OtherCostOrOtherBasis |
| Book Value | 3171789 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 63377438 | OtherCostOrOtherBasis |
| Depreciation | 18954393 | Depreciation |
| Book Value | 44423045 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 7069711 | OtherCostOrOtherBasis |
| Depreciation | 4402705 | Depreciation |
| Book Value | 2667006 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 14328848 | OtherCostOrOtherBasis |
| Depreciation | 11946618 | Depreciation |
| Book Value | 2382230 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 7043924 | OtherCostOrOtherBasis |
| Book Value | 7043924 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 59687994 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (5 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| Flexible capital | 9209397 | F |
| Beneficial interest in perpetual trust | 46274457 | F |
| Beneficial interest in remainder trust | 1999049 | F |
| Investments held in trust for others | 3221976 | F |
| Real estate | 565099 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 61269978 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Due to beneficiaries | $584,854 |
| Deposits | $456,597 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1041451 | TotalOfAmounts |
| Total Revenue | 37765220 | TotalRevenue |
| Total Expenses | 38415252 | TotalExpenses |
| Excess Or Deficit For Year | -650032 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -3706842 | NetUnrealizedGLOnInvestments |
| Other | -$3,434,131 | OtherAmount |
| Total Adjustments | -7140973 | TotalAdjustments |
| Excess Or Deficit Per FS | -7791005 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 19132240 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -3706842 | NetUnrealizedGainsInvestments |
| Other Revenues | -3422913 | OtherRevenues |
| Revenue Not Rptd F990 | -7129755 | RevenueNotRptdF990 |
| Revenue Subtotal | 26261995 | RevenueSubtotal |
| Other Revenues Not Included | 11503225 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 11503225 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 37765220 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 26923245 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 11218 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 11218 | ExpensesNotRptdF990 |
| Expenses Subtotal | 26912027 | ExpensesSubtotal |
| Other Expenses Not Included | 11503225 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 11503225 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 38415252 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Description of Intended Use of Endowment Funds: | Part V, Line 4: | The endowment funds are used for scholarships, academic chairs, library, public programs, maintenance, long-term facility repairs and replacement, and other. |
| Description of Uncertain Tax Positions Under FIN 48: | Part X: | The College is recognized as an organization which is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code (the "Code") whereby only unrelated business income, as defined by Section 512(a)(1) of the Code, is subject to federal tax. The College's policy is to record a liability for any tax position that is beneficial to the College, including any related interest and penalties, when it is more likely than not the position taken by management with respect to a transaction or class of transactions will be overturned by a taxing authority upon examination. Management believes there are no such positions as of June 30, 2012 and 2011 and, accordingly, no liability has been accrued. Generally the IRS may examine a tax return for three years from the date it is filed. At June 30, 2012, tax years ended June 30, 2009, 2010 and 2011 remain open for a possible examination by the IRS. |
| Part XI, Line 8 - Other Adjustments: | Change in value of split interest agreements -3,422,913. Distribution to beneficiaries -11,218. Total to Schedule D, Part XI, Line 8: -3,434,131. | |
| Part XII, Line 2d - Other Adjustments: | Change in value of split interest agreements -3,422,913. | |
| Part XII, Line 4b - Other Adjustments: | Scholarships and financial assistance 11,503,225. | |
| Part XIII, Line 2d - Other Adjustments: | Distribution to beneficiaries 11,218. | |
| Part XIII, Line 4b - Other Adjustments: | Scholarships and financial assistance 11,503,225. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Explanation of Nondiscriminatory Policy Publication | Schedule E, Part I, Line 3 | The College publishes and upholds the following policy: "Young Harris College ("the College") is committed to maintaining a fair and respectful environment for living, work, and study. To that end, and in accordance with federal and state law, and College policy, the College prohibits any member of the faculty, staff, administration, student body, or visitors to campus, whether they be guests, patrons, independent contractors, or clients, from harassing and/or discriminating against any other member of the College community because of that person's race, sex (including sexual harassment), sexual orientation, ethnic or national origin, religion, age, disabled status, or status as a disabled veteran or veteran of the Vietnam era. Incidents of harassment and discrimination will be met with appropriate disciplinary action, up to and including dismissal from the College." Members of the College community are expected, responsible, and obligated to adhere to this policy at all times. |
| Explanation of Government Financial Assistance | Schedule E, Part I, Line 6 | The College receives aid from governmental agencies to support its student financial aid programs. In the current year, the College received and distributed governmental aid totaling 75,333. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 1 | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable (2 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| Europe (Including Iceland & Greenland) - | 0 | 0 | Program Services | Study Abroad Programs | 100291 |
| Central America and the Caribbean - | 0 | 0 | Investments | 7944337 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 8044628 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 8044628 | TotalAmountSpent |
Grants To Ind Outside US GrantsToIndOutsideUS (7 entries)
| Type Of AssistanceTypeOfAssistance | RegionRegion | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Manner Of Cash DisbursementMannerOfCashDisbursement |
|---|---|---|---|---|
| Financial Assistance | Europe - | 26 | 594696 | Credit to bursar accounts |
| Financial Assistance | Middle East and North Africa - | 5 | 123806 | Credit to bursar accounts |
| Financial Assistance | Sub-Saharan Africa - Angola, | 2 | 54625 | Credit to bursar accounts |
| Financial Assistance | East Asia and the Pacific - | 4 | 90144 | Credit to bursar accounts |
| Financial Assistance | Central America and the Caribbean - | 31 | 542809 | Credit to bursar accounts |
| Financial Assistance | South America | 12 | 299762 | Credit to bursar accounts |
| Financial Assistance | North America - Canada | 2 | 36100 | Credit to bursar accounts |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 1 | OwnForeignCorp |
| Passive Foreign Invest Co | 1 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Accounting for expenditures includes ensuring that people are clearly foreign persons for scholarships and financial assistance. Accounting for investments is based upon fair market value at year end. | Explanation |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation (3 entries)
| Name Of IndividualNameOfIndividual | Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | ActivityActivity | Fundraiser Control Of FundsFundraiserControlOfFunds | Gross ReceiptsGrossReceipts | Amount Retained By ContractorAmountRetainedByContractor | Net To OrganizationNetToOrganization |
|---|---|---|---|---|---|---|---|---|---|
| (no name) | |||||||||
| Don A Harp Jr | 2720 Winding Lane | Atlanta | GA | 30319 | Fundraising consulting | 0 | 0 | 14400 | -14400 |
| Myers McRae | |||||||||
| 515 Mulberry Street Suite 200 | Macon | GA | 31201 | Fundraising consulting | 0 | 0 | 43970 | -43970 | |
| Alexander Haas | |||||||||
| 3520 Piedmont Road Suite 300 | Atlanta | GA | 30305 | Fundraising consulting | 0 | 0 | 112134 | -112134 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | 170504 | TotalRetainedByContractors |
| Total Net To Organization | -170504 | TotalNetToOrganization |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Clay Dotson Open | NameOfEvent1 |
| Gross Receipts Event1 | 83863 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 66000 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 17863 | GrossRevenueEvent1 |
| Cash Prizes Event1 | 1000 | CashPrizesEvent1 |
| Non Cash Prizes Event1 | 2031 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 8565 | RentFacilityCostsEvent1 |
| Other Direct Expenses Event1 | 6161 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 83863 | GrossReceiptsTotal |
| Charitable Contributions Total | 66000 | CharitableContributionsTotal |
| Gross Revenue Total Events | 17863 | GrossRevenueTotalEvents |
| Cash Prizes Total Events | 1000 | CashPrizesTotalEvents |
| Non Cash Prizes Total Events | 2031 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 8565 | RentFacilityCostsTotalEvents |
| Other Direct Expenses Total Events | 6161 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 17757 | DirectExpenseSummaryEvents |
| Net Income Summary | 106 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Scholarships and financial assistance | TypeOfGrant |
| Number Of Recipients | 827 | NumberOfRecipients |
| Amount Of Cash Grant | 9761283 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: Young Harris College develops financial aid awards based upon a combination of factors, including the student's demonstrated financial need as determined by the FAFSA or other family financial indicator as accepted by the College, high school GPA, and SAT or ACT scores. Aid is to be awarded in the manner which best serves the greatest number of students and which is in keeping with the intent of the various campus programs. All institutional financial aid awards are made in accordance with the student's ability to maintain satisfactory academic progress. The Financial Aid Department monitors the students' satisfactory academic progress annually for institutional aid to determine continued eligibility. Standards are set on qualitative and quantitative progress. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| L Cathy Cox | |||||||||||||
| 208309 | 0 | 0 | 0 | 0 | 0 | 12300 | 0 | 18043 | 0 | 238652 | 0 | 0 | 0 |
| Jay T Stroman | |||||||||||||
| 153222 | 0 | 0 | 0 | 0 | 0 | 9526 | 0 | 9401 | 0 | 172149 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | Part I, Line 1a | ReturnReference |
| Explanation | The President of the College is provided with a residence on its campus as a condition of employment to perform responsibilities integrally related to her responsibilities. Accordingly, the value of this housing is not included in taxable compensation. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| United Community Bank Inc | |||
| Bank officers and board include the College's President and three Trustees. | 1186747 | The College has several cash accounts and two different lines-of-credit with this local area bank. The bank's Chief Executive Officer, Jimmy C. Tallent, its Chairman, Robert L. Head, Jr., are members of the College's Board of Trustees. The College's President, L. Cathy Cox, is a director of the bank and another member of the College's Board of Trustees, Zell B. Miller, is an emeritus director of the bank. None of these persons were involved in the decision to select this bank as service provider to the College. The terms of these loans are more favorable to the College than quotes received from other institutions. | 0 |
| Hardin Construction Company LLC | |||
| Company's Chairman is a College Trustee. | 4792012 | During the fiscal year ended June 30, 2011, the College entered into an agreement with this company to oversee the construction of the College's second phase of the housing for upper classmen. The second phase of upper classmen housing was placed in service in August 2012. The Chairman of this construction company, M. Brantley Barrow, is a member of the College's Board of Trustees. The terms of the construction contract are more favorable to the College than the quotes received from other firms, and the board member who is also the Chairman of this company was not involved in the selection process. | 0 |
Schedule M IRS990ScheduleM
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 9852 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Estimated fair value | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 16 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 763213 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Listed exchange value | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (3 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | Equipment | 3 | 6800 | Estimated fair value |
| X | Supplies | 4 | 439 | Estimated fair value |
| X | Programs/publications | 10 | 7628 | Estimated fair value |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Form 990, Part VI, Section A, line 2 | The Honorable Zell B. Miller and the Honorable Murphy Miller are father and son, respectively, and both serve on the College's Board of Trustees. | |
| Form 990, Part VI, Section A, line 2 | The College's President and three members of the College's Board of Trustees have a business relationship with a local area bank, United Community Bank, Inc. The bank's Chief Executive Officer, Jimmy C. Tallent, its Chairman, Robert L. Head, Jr., are members of the College's Board of Trustees. The College's President, L. Cathy Cox, is a director of the bank and another member of the College's Board of Trustees, Zell B. Miller, is an emeritus director of the bank. | |
| Form 990, Part VI, Section B, line 11 | Form 990 is sent electronically or by direct mail to all voting Trustees for review prior to filing. | |
| Form 990, Part VI, Section B, line 12c | The organization reviews and monitors any possible conflicts that are listed on the annual required disclosures filed by the officers, directors and employees. | |
| Form 990, Part VI, Section B, line 15 | The Trusteeship, Governance, Compensation Committee of the Board of Trustees reviews and approves the President's compensation. The Vice Presidents' compensation is reviewed and approved by the President. The Human Resource Office maintains comparability data and all employee information. | |
| Form 990, Part VI, Section C, line 18 | The College's Form 990 is available upon request. | |
| Form 990, Part VI, Section C, line 19 | The College's documents are available upon request. | |
| Form 990, Part XI, line 5: | Net unrealized losses on investments: -3,706,842. Change in value of split interest agreements -3,422,913. Distribution to beneficiaries -11,218. Total to Form 990, Part XI, Line 5: -7,140,973. | Changes in Net Assets or Fund Balances: |